Monday, October 20, 2008

A grim verdict awaits law grads

A grim verdict awaits law grads: "Nearly 44,000 law students nationwide will graduate next year with an average of about $73,000 in loan debt, according to numbers from the American Bar Association.

And while most would-be lawyers already have accepted that only a small fraction will start their careers with a big-firm salary of $160,000, the past few weeks of economic chaos have caused many to wonder if any kind of attorney work is in their near future."

-----------------
Law firms are cutting back on hiring because they anticipate a slow economy, which translates into fewer clients.

1 comment:

Unknown said...

The solution? Learn the Bankruptcy Code. You'll have plenty of clients.